Stocks rise after inflation data; Dow aims to end longest weekly losing streak since 1932

US stocks rose Friday after the Federal Reserve’s preferred measure of inflation for April proved in line with market expectations, with the smallest increase in a year and a half. How are stock-index futures trading? The Dow Jones Industrial Average DJIA, + 0.71% was 245 points, or 0.75%, at 32,882. The S&P 500 SPX, + … Read more

TerraUSD Crash Led to Vanished Savings, Shattered Dreams

TerraUSD was touted as a blue-chip cryptocurrency. Now its investors are reeling from painful losses and asking if it was all a get-rich-quick scheme. A surgeon in Massachusetts can’t stop thinking about how he lost his family’s nest egg. A young Ukrainian considered suicide after losing 90% of his savings. Other investors have given up … Read more

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

This eclipse-like event is why bitcoin could reach $ 100,000 by next year, says forecaster with a solid record

Stocks are settling in for more choppy action, as investors continue to consider the Federal Reserve minutes and after Nvidia dropped a warning late Wednesday. But we’re switching away from Wall Street’s tug of war to focus on cryptocurrencies, and a call from the president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who … Read more

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures higher as Wall Street looks to break losing streaks Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. Spencer Platt | Getty Images US … Read more

Here’s everything coming to Netflix in June 2022 – and what’s leaving

June on Netflix is ​​more than just the shoulder season between seasons of “Stranger Things,” especially on the international front. The cult hit British crime drama Peaky Blinkers (June 10), which aired in the UK earlier this year, returns for its sixth and final season. The violent exploits of the early-20th-century Birmingham gang pick up … Read more

Here’s everything coming to Netflix in June 2022 – and what’s leaving

June on Netflix is ​​more than just the shoulder season between seasons of “Stranger Things,” especially on the international front. The cult hit British crime drama Peaky Blinkers (June 10), which aired in the UK earlier this year, returns for its sixth and final season. The violent exploits of the early-20th-century Birmingham gang pick up … Read more

Dow books 4th day of gains, stocks rally after Fed minutes signal flexibility on interest rate hikes

Stocks closed higher Wednesday as investors took away a message of flexibility from the release of minutes of the early May Federal Reserve meeting about its path to higher interest rates. How did stocks trade? The Dow Jones Industrial Average DJIA rose 191.66 points, or 0.6%, ending at 32,120.28. The S&P 500 SPX gained 37.25 … Read more

Tariffs on China Throw Shade on the US Solar Industry

The Biden administration lobbies for renewable energy funding programs that nominally support the US solar industry. However, I sit on the boards of four solar energy companies that are being harmed badly by existing US tariffs and threats of new ones. Two of those companies are suffering through serious financial problems, and three are refocusing … Read more